The Economic Times

Minister Jitendra Singh says scientifically-conceived RDI Fund response enthusiastic

India's new Research, Development, and Innovation Fund is receiving an enthusiastic response from the private sector. This unique initiative, launched by Prime Minister Narendra Modi, aims to accelerate breakthrough technologies. The fund supports high-risk, high-impact projects with private players contributing 50 percent. Over 200 proposals are currently under evaluation, signaling strong engagement for national self-reliance and economic security.